The largest and smallest healthcare companies make up 81% of bankruptcies

Statistic Info

Smaller healthcare providers often struggle to attract and retain top talent due to limited budgets and lack of infrastructure. This can lead to a decrease in quality of care which has a direct impact on patient health outcomes. Even though these healthcare companies are at risk of bankruptcy, the vast majority continue providing services due to their mission-driven nature. Understanding the challenges small healthcare organizations face is important for developing strategies that help them maintain financial stability and provide high-quality care for their patients.

Author: Behavioral Health Business